Katy Perry on Fame, Friendship, and her Future

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On the day of the Oscars, Los Angeles is positively lousy with stars. And the Chateau Marmont—a storied West Hollywood hotel that's sheltered everyone from Greta Garbo to Mary-Kate Olsen—is basically the epicenter of the outbreak. But even at the kind of establishment where one all but expects to encounter Zac Efron (for example) at the valet stand, Katy Perry still has the power to turn heads.

Of course, going incognito isn't exactly an option when your hair is the color of cobalt. But Katy, who's had one song or another near the top of the charts for the better part of the past two years, does her best to blend in, tucking her bright blue locks under a headband and hiding her similarly toned eyes behind a pair of dark sunglasses. (The rest of her outfit is probably best described as "haute workout"—aside from a pop of pink lipstick, she looks as though she may have come straight from the gym.)

As all the barely con- cealed double-takes attest, Katy is already about as famous as a girl can get. But this summer, the newly single 27-year-old is going to become even more ubiquitous, thanks to the big-screen release of in 2008. "My life is crazy now," she admits. "When you get to this level, there's a lot that's not real, but I really haven't changed." Read on to find out what else she has to say about fame, friendship, and her future.

Party anthems, sold-out tours, and superstar style—Katy Perry has transformed from a teenage dreamer into the Teenage Dream.

On the day of the Oscars, Los Angeles is positively lousy with stars. And the Chateau Marmont—a storied West Hollywood hotel that's sheltered everyone from Greta Garbo to Mary-Kate Olsen—is basically the epicenter of the outbreak. But even at the kind of establishment where one all but expects to encounter Zac Efron (for example) at the valet stand, Katy Perry still has the power to turn heads.

Of course, going incognito isn't exactly an option when your hair is the color of cobalt. But Katy, who's had one song or another near the top of the charts for the better part of the past two years, does her best to blend in, tucking her bright blue locks under a headband and hiding her similarly toned eyes behind a pair of dark sunglasses. (The rest of her outfit is probably best described as "haute workout"—aside from a pop of pink lipstick, she looks as though she may have come straight from the gym.)

As all the barely con- cealed double-takes attest, Katy is already about as famous as a girl can get. But this summer, the newly single 27-year-old is going to become even more ubiquitous, thanks to the big-screen release of in 2008. "My life is crazy now," she admits. "When you get to this level, there's a lot that's not real, but I really haven't changed." Read on to find out what else she has to say about fame, friendship, and her future.

Fashion Editor: Lawren Howell

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Party anthems, sold-out tours, and superstar style—Katy Perry has transformed from a teenage dreamer into the Teenage Dream.